KRBL- The King of Basmati rice

Stock Opportunities Untested - but worth a good look
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  1. It is further stated in the Counter Affidavit filed on behalf of the Enforcement Directorate that a search was conducted by the Income Tax Department on the premises of M/s KRBL Ltd. During the course of the search, it was revealed that in the books of RAKGT, two ledger accounts were maintained: one in the name of Omar Ali Balsharaf-DO and the other in the name of Omar Ali Balsharaf-GK. As per the said ledger account maintained in the name of Omar Ali Balsharaf-GK, RAKGT had received money directly from M/s Interstellar Technologies Limited and other companies, which in turn had received proceeds of crime directly or indirectly from Interstellar Technologies Limited. It is affirmed on behalf of the Enforcement Directorate that “the proceeds of crime are suspected to be parked in the accounts of M/s Rawasi Al Khaleej General Trading, LLC Dubai under the ledger entries of M/s Omar Ali Balsharaf -GK who is a major shareholder of M/s KRBL Limited…”

  2. It is affirmed that Interstellar Technologies Limited also transferred Euro 1 million and USD 1 million to M/s. Windsor Group Holding Limited during the years 2009 to 2012. Out of the aforesaid amount, USD 830,000 were transferred to RAKGT during the period 03.02.2010 to 13.02.2010. Similarly, Interstellar Technologies Limited transferred USD 10,000 to the accounts of one M/s. Carisma Investment Limited in the year 2010 and that company transferred USD 419,980 to RAKGT between 18.04.2009 to 27.02.2010. Further, Interstellar Technologies Limited also transferred USD 200,000 to the accounts of Capital Infrastructure Limited in the year 2009 out of which USD 114,972 were transferred to RAKGT on 18.04.2009.

It is perfectly clear
1)Why KRBL has to maintain two ledgers ?
2)ED doesnt have any personal revenge with KRBL!:laughing: KRBL had received money without sending RICE
3)What is the relation between defence company nd rice miller. Sum of 24mn euro.
4)mr.khaitan was middlemen 15cr worth of land been given to mr.tyagis (former IAF CHIEF) company.
5)Everything was done with out permission of KRBL promotors? R they sleeping?

Disc.:- Not invested

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